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Japan's IPO Market Isn't Normal Yet

By

James Simms

Updated March 23, 2010 8:08 a.m. ET

This doesn't mean things are back to normal in Japan's IPO market.

On Tuesday, Dai-ichi Mutual Life Insurance priced an $11.2 billion initial-public offering in the middle of its range. It will be Japan's biggest offering since 1998, and it means Japan's IPO market will look much healthier come year's end.